- 105283 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
Awaiting price reaction for this filing.
Kirloskar Pneumatic Company has allotted 4,600 equity shares of face value Rs. 2 each to eligible employees who exercised their stock options under the KPCL Employee Stock Option Scheme 2019. The Stakeholders' Relationship Committee approved this allotment on April 24, 2025. The newly issued shares will rank equally with existing equity shares. As a result, the company's total paid-up share capital has risen to Rs. 12,98,03,980, comprising 6,49,01,990 equity shares. This is a routine ESOP allotment with very small dilution.
Very minor equity dilution of just 4,600 shares (negligible relative to the 6.49 crore share base), so no meaningful impact on share price. Positively signals employee retention and management alignment through equity-based incentives.